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$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today

Author: Benzinga Insights | September 03, 2024 01:33pm

Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years by 1.62% on an annualized basis producing an average annual return of 12.4%. Currently, Best Buy Co has a market capitalization of $22.07 billion.

Buying $100 In BBY: If an investor had bought $100 of BBY stock 10 years ago, it would be worth $318.47 today based on a price of $102.33 for BBY at the time of writing.

Best Buy Co's Performance Over Last 10 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BBY

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